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Statista/Niall McCarthy/9-29-2020
Chart courtesy of Statista.com • • • Click to enlarge
“The levels of demand for gold are now prompting questions about whether reserves of the commodity are being exhausted and if humanity has reached “peak gold”. Some experts believe we have indeed reached that point, a view that is supported by annual gold production statistics. Mining has largely leveled off in recent years.”
USAGOLD note: A little known fact – The highest production globally comes from mines located in Nevada, according to this Statista article.
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